Systematic Financial Management LP Lowers Position in Polaris Inc. $PII

Key Points

• Systematic Financial Management LP has reduced its stake in Polaris Inc. by 18.4%, selling 45,480 shares during the first quarter, bringing its total holdings to 201,697 shares valued at approximately $8.26 million.
• Polaris Inc. reported a quarterly earnings per share (EPS) of $0.40, exceeding analyst expectations, though revenue dropped 5.5% year-over-year.
• The company has announced a quarterly dividend of $0.67 per share, with a yield of 4.7%, scheduled for payment on September 15.

Systematic Financial Management LP reduced its stake in shares of Polaris Inc. (NYSE:PII - Free Report) by 18.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,697 shares of the company's stock after selling 45,480 shares during the quarter. Systematic Financial Management LP owned about 0.36% of Polaris worth $8,257,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FORA Capital LLC grew its position in Polaris by 521.5% during the 4th quarter. FORA Capital LLC now owns 17,285 shares of the company's stock worth $996,000 after purchasing an additional 14,504 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Polaris by 162.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,423 shares of the company's stock valued at $427,000 after purchasing an additional 6,453 shares during the period. Calton & Associates Inc. acquired a new stake in shares of Polaris in the first quarter valued at about $272,000. Cerity Partners LLC lifted its stake in shares of Polaris by 25.9% in the first quarter. Cerity Partners LLC now owns 53,082 shares of the company's stock valued at $2,173,000 after purchasing an additional 10,906 shares during the period. Finally, Bard Financial Services Inc. acquired a new stake in shares of Polaris in the first quarter valued at about $1,577,000. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Price Performance

PII traded down $0.22 during trading on Friday, reaching $56.14. 376,918 shares of the company were exchanged, compared to its average volume of 1,696,566. The company's 50-day moving average is $50.14 and its two-hundred day moving average is $43.33. The company has a market cap of $3.16 billion, a price-to-earnings ratio of -29.91 and a beta of 1.04. The company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1.17. Polaris Inc. has a 12-month low of $30.92 and a 12-month high of $86.51.

Polaris (NYSE:PII - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.35. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The firm had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.73 billion. During the same quarter last year, the firm posted $1.38 EPS. The company's revenue was down 5.5% compared to the same quarter last year. Polaris has set its Q3 2025 guidance at EPS. Research analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, September 2nd. Polaris's dividend payout ratio (DPR) is currently -142.55%.

Analyst Ratings Changes

Several analysts recently commented on PII shares. Royal Bank Of Canada raised their price objective on shares of Polaris from $34.00 to $56.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 30th. Wall Street Zen upgraded shares of Polaris from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 2nd. Citigroup restated a "sell" rating and set a $27.00 target price (up previously from $23.00) on shares of Polaris in a research report on Monday, June 16th. Zacks Research cut shares of Polaris from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Finally, BMO Capital Markets restated a "market perform" rating and set a $52.00 target price (up previously from $33.00) on shares of Polaris in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Polaris has a consensus rating of "Hold" and an average target price of $48.33.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.